The All-In-One CRE Lending & Investing Software Platform 

North Shore IQ

Intelligent System

Intelligent Systems

The industry’s most sophisticated, North Shore IQ makes every part of the process intelligent and rules-driven for 100% compliant and expert processing. Essentially, the BRE allows the knowledge and experience of senior management to be encapsulated in the rules that govern the characteristics of your products, the flow of data, and the user experience. Furthermore, users create business rules in the North Shore platform to automate actions, validate the deal, and facilitate their workflow. This layer of the system is highly configurable. Users can apply Business Rules to data validation, underwriting rules and loan approvals. Likewise, business rules help facilitate users’ workflows, and create compliance and surveillance rules.

Sample Rule Types

  • CRM/prospecting campaign & qualifying rules
  • Borrower/Loan Rating rules
  • Quick-sizing rules
  • Underwriting rules
  • Pricing rules
  • Workflow rules
  • Compliance rules
  • Credit Policy/Approval rules
  • Surveillance
  • Borrower notification/Annual Review rules
  • CREFC/OSAR rules

North Shore IQ Business Rule Actions

Additionally, business rules can perform any of these actions on pass or fail:

  • E-mail notification
  • Display message (warning or stop action)
  • Set value
  • Generate exception
  • Generate funding condition
  • Trigger business rule (parent/child structure)
  • Generate tickler
  • Auto assignment
  • Generate waiver
  • Generate financial reporting

North Shore IQ Business Rule Types & How To Trigger Them

  1. Generic
    • Do not have a trigger point and will not fire on their own
    • Once a business rule is set up as generic, it can be tied to any other (or multiple) business rule types 
  2. Constraints (Defaults/ Calculations/ On-Screen Rules
    • Always triggered by some action on a screen
  3. Loan Approval
  4. Portfolio/ Scheduled Batch
    • Rules that run against the entire portfolio
  5. Validation Test
    • Grouping of rules that can be run on-demand 
  6. Workflow Status Change Rules
    • Triggered only when the user is submitting a status change (when the user tries to advance to the next status or roll back to a previous status)
  7. Parameters
    • Does not trigger by itself
      • Make administration easier because if a commonly used parameter changes, you can update the parameter, which will then be used for all business rules that use that parameter

THE Cloud Solution For End-To-End Digitization

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